11500 Meadow Ln Unit 4, Houston, TX 77477
- $450,000
- 2
- BD
- 1
- BA
- 3,968
- SqFt
- List Price
- $450,000
- Status
- ACTIVE
- MLS#
- 7130463
- Days on Market
- 115
- Unit
- 4
- Year Built
- 1983
- Style
- Fourplex
- Bedrooms
- 2
- Bathrooms
- 1
- Full-baths
- 1
- Living Area
- 3,968
- Lot Size
- 8,810
- Lot Size Source
- Appraiser
- Subdivision
- Meadow Village
- Region
- 28
- Market Area
- Stafford Area
- County
- Harris
Property Description
Well-maintained 4-plex in the Stafford submarket offering stable in-place income with strong upside potential. Currently generating $45,600/year with value-add opportunity as rents trend toward market rates. This asset features four spacious ~1,000 SF 2-bedroom units with desirable layouts, private outdoor spaces, fireplaces, and in-unit laundry—driving consistent tenant demand. Recent capital improvements, including 2024 foundation repair with transferable warranty, multiple HVAC updates, and a maintained roof, help reduce near-term expenses. Two long-term tenants provide stability, while below-market rents allow for future growth. Property also qualifies for Section 8 housing, expanding tenant pool and income reliability. HOA covers key expenses for simplified ownership. Contact for financials and additional details.
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Additional Information
- Finance Available
- Cash, Conventional
- Taxes
- $10,870
- Neighborhood
- Stafford Area
- Interior Features
- Ceiling Fans
- Heating
- Central, Natural Gas
- Cooling
- Central Air, Electric
- Stories
- 2
- Utilities
- Water Available
- Appliances
- Dishwasher, Disposal, Refrigerator
- Roof
- Composition
- School District
- Alief
- Elementary School
- Cummings Elementary School
- Middle School
- Holub Middle School
- High School
- Aisd Draw
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Listing courtesy of CENTURY 21 Western Realty, Inc.